Binance VIP launches institutional switching package for bulk traders BlockBeats News: On August 19th, according to official announcements, Binance VIP announced the launch of an "Institutional Switching Package" specifically designed for high-frequency traders who switch from other cryptocurrency trading platforms to Binance. The application for the 'Institutional Switching Package' has now been opened, with a deadline of December 31, 2025. By joining this program, high-frequency traders will enjoy the following benefits: 1. VIP 5 status experience for 30 days: Enjoy up to 75% discount on transaction fees in spot, contract, and leveraged trading for the first 30 days. 2. Recharge reward: Deposit $1 million of qualified assets within the first 30 days to receive a 0.5% BNB transaction fee rebate coupon reward (up to $5000). This coupon can be used to offset the transaction fees of Binance's products across all platforms. 3. Zero interest institutional loan trial: Enjoy a Binance institutional loan with a nominal value of up to $5 million and zero interest for 30 days. Multiple accounts can be merged to borrow collateral, enhancing financial flexibility without financing costs. 4. BNB activation reward: Approval of BNB credit limit unlocks lower transaction fees and higher limit. By activating the 'Institutional Switching Package', you can enjoy 30 days of interest free usage within the limit.